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1421 E 69th Place, Chicago, IL 60637
$239,500
1421 E 69th Place, Chicago, IL 60637View this property at 1421 E 69th Place, Chicago, IL 60637
1421 E 69th PlaceChicagoIL60637
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Property Description
This property for sale is a multi-unit apartment building of approx 3844 SF on the land 6176 SF. It is located in the highly sought-after Woodlawn area. Constructed entirely of durable brick, this building boasts four units that have the potential to yield significant returns in a market with high rental demand. New windows on front, clean up 2023, providing a solid foundation for the new owner's plans. However, it's important to note that the property needs extensive rehabilitation to become livable. The current layout of the building includes four apartments and full unfinished basement, but the new owner can make modifications to suit their own vision. The property has permits available, allowing the new owner to take over from the seller and create a space with eight or ten bedrooms and four or five baths once the rehabilitation is complete. The motivated seller is offering the property "As-Is Conditions," and interested buyers should contact the listing broker for more information, including any available drawings and permits. Comparable properties in the area have an average price of $765K, indicating that this property offers a potentially lucrative investment opportunity. However, interested buyers should be prepared to invest significant time and resources to make the property habitable. This is an excellent opportunity to own a prime real estate property in a hot market, so don't miss out on the chance to make this investment. Contact the listing broker today for more information on this property with excellent potential once rehab is complete. PLEASE NOTE: Property have Two PIN numbers. "As-Is Conditions" Buyer needs to do their own Due-Diligence.
Full Property Details
Full Property Details for 1421 E 69th Pl
General
- Price: $239,500
- Taxes: $2,816 (2021)
- Status: Active
- Type: Multi-Family
- MLS ID: 11771780
- Updated: 5/1/2024
- Added to Site: 367 day(s) ago
Interior
- Basement: Full
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Total Spaces: 4
- Parking Ownership: Owned
- Parking Type: Space(s)
- Parking On-Site: Yes
Location
- Area: CHI - South Shore
- County: Cook
- Township: Hyde Park
- Driving Directions: S Stony Island Ave to 69th Place West to property.
School Information
- School District: 130
- Elem School District: 130
- Midd School District: 130
- High School District: 130
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Full
- Year Built: 1910
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.14
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 125
Financial Considerations
- Assessment Year: 1910
- Tax Amount: $2,816.56
- Tax Year: 2021
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20234160080000
Listed by Arc Red Inc Arc Realty Group
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Schools
Schools serving 1421 E 69th Pl
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
6650 S Ellis Ave, Chicago, IL 60637 | PK-8 | 0.7 mi | |
6220 S Stony Island Ave, Chicago, IL 60637 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1421 E 69th Pl
Date
Details
Price
Change
Source
4/25/2024
Price Reduced
$239,500
-3.82%
MLS
2/23/2024
Price Increased
$249,000
4.18%
MLS
9/29/2023
Price Reduced
$239,000
-6.27%
MLS
9/16/2023
Price Increased
$255,000
2.41%
MLS
8/02/2023
Price Reduced
$249,000
-0.4%
MLS
5/15/2023
Price Reduced
$249,999
-1.96%
MLS
5/11/2023
Price Reduced
$254,990
-1.92%
MLS
5/04/2023
Price Increased
$259,990
1.56%
MLS
5/01/2023
Listed
$255,990
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1421 E 69th Pl
1421 E 69th Place, Chicago, IL 60637 (MLS# 11771780) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 1421 E 69th Place is currently listed for $239,500 and was received on May 01, 2023. Want to learn more about 1421 E 69th Place? Do you have questions about finding other Multi-Family real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.